# Canadian canola exports exceed forecasts, adding pressure to global prices

> Canadian canola exports reached 305 thousand tonnes in the week ending July 12 and cumulative 2026/27 exports of 8.562 million tonnes already exceed the government's 8.4 million forecast. Farmer deliveries and domestic crush are both up year on year.

- Date: 2026-07-20 · published 2026-07-20T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/18459-canadian-canola-exports-exceed-forecasts-adding-pressure-to-global-prices
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Strong export pace and ample supply point to continued pressure on global canola seed, oil and meal prices. Chinese demand is expected to remain steady but not enough to lift prices.

## Read by commodity

- SBO: bearish ▼
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2023-03-15 | [Canola supplies from Australia continue to put pressure on canola prices in the EU](https://feedsoft.ai/events/36957-canola-supplies-from-australia-continue-to-put-pressure-on-canola-prices-in-the.md) | +1.9% | -3.8% |
| SBO | 2024-12-04 | [Sunflower prices in Ukraine remain under pressure from falling export prices for sunflower oil](https://feedsoft.ai/events/27070-sunflower-prices-in-ukraine-remain-under-pressure-from-falling-export-prices.md) | +2.9% | -0.0% |
| SBO | 2026-01-13 | [Argentina soybean exports forecast to rise \| World Grain](https://feedsoft.ai/events/13812-argentina-soybean-exports-forecast-to-rise-world-grain.md) | +2.9% | +8.9% |
| SBO | 2023-11-09 | [Soymeal exports likely to pick up soon as global prices rally: Report \| News - Business Standard](https://feedsoft.ai/events/33242-soymeal-exports-likely-to-pick-up-soon-as-global-prices-rally-report-news.md) | +5.3% | +4.1% |
| SBO | 2024-04-04 | [Used Cooking Oil Imports for Biofuels Exceed Expectations - American Soybean Association](https://feedsoft.ai/events/15225-used-cooking-oil-imports-for-biofuels-exceed-expectations-american-soybean.md) | -0.4% | -9.1% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/canadian-canola-exports-exceed-forecasts-adding-pressure-to-global-prices/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.